Petters' latest bid: Can I get out on bail?

Tom Petters didn't get bail even before he was convicted of a multimillion-dollar fraud scheme. But he apparently thinks he has a shot at getting out while he petitions a court for a shorter sentence than the 50-year term he's serving.

The report also gives an update on the latest "clawback" efforts by the trustee charged with recovering assets on behalf of Petters' victims — that legal case, too, shows no signs of abating years after the Ponzi scheme collapsed.